Last Updated: March 6, 2012 09:44am ET
Why Energy Procurement Can Benefit You
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PrintQ. What is energy procurement?
A. Electricity and natural gas supply and delivery is controlled in many states by a local utility company within a protected service area, which means customers typically don’t have a choice when it comes to supplier or price. Today, however, many states, including New Jersey, Pennsylvania and New York, have deregulated the supply of energy, which encourages competition by offering customers a choice of supplier, price and contract…
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